Author: NBTC

Crypto analyst Thomas has provided his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential elections. Crypto has become a major talking point ahead of the elections, and experts like Bernstein analysts have also suggested that the winner of the polls will determine Bitcoin’s future trajectory. What The Bitcoin Price Will Be By 2030 If Trump Or Harris Wins Thomas mentioned in an X (formerly Twitter) post that Bitcoin will reach $1 million by 2030, whether Donald Trump or Kamala Harris wins. The analyst suggested that the outcome of the US presidential…

Bitwise CEO Hunter Horsley has explained why he believes recently launched spot Ethereum exchange-traded funds (ETFs) have seen significantly lower trading volumes and inflows compared to their Bitcoin counterparts. In an Oct. 21 post on X, Horsley acknowledged that Ethereum ETFs have underperformed but pointed out that the funds from his firm, BlackRock and Fidelity, are still among the top 25 fastest-growing new ETPs this year. SoSoValue data shows BlackRock’s ETHA has attracted $1.45 billion in net inflows, while Fidelity’s FETH and Bitwise’s ETHW have seen inflows of $498 million and $321 million, respectively. Overall, data shows that the Ethereum…

Chainlink has launched CCIP Private Transactions, a new privacy-preserving feature powered by blockchain technology that aims to enable financial institutions to maintain data privacy, integrity, and regulatory compliance when conducting cross-chain transactions. In its announcement, Chainlink said the development addresses pressing privacy concerns that have so far limited institutions’ participation in blockchain ecosystems due to the need for secure, private transactions. An early adopter of the technology is the Australia and New Zealand Banking Group (ANZ), which will pilot the capability as part of the Monetary Authority of Singapore’s (MAS) Project Guardian. The project focuses on cross-chain settlement of tokenized…

On Sept. 10, ITC Crypto founder and CEO Benjamin Cowen identified a wedge chart pattern this cycle similar to previous cycles in 2019 but several orders of magnitude larger. He said that the ETH/BTC structure bottomed after an interest rate cut in 2019, and it appears to be mirroring that pattern now with an impending rate cut due next week. The wedge that #ETH formed this cycle had higher lows that are ~10x of the 2019 wedge. In 2019, #ETH fell back into its wedge right before the 1st rate cut, just like 2024. After the first rate cut in…

On Oct. 21, 2024, ethereum holds steady at $2,706, sticking within a key trading zone after recently hitting a high of $2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving averages still point to a largely bullish trend. As ether hovers between support and resistance, traders should stay vigilant for any shifts in price action. Ethereum Zooming in on the daily chart, ethereum’s uptrend capped at $2,769 before seeing a minor pullback. With the relative strength index (RSI) sitting comfortably at 63.5, the market isn’t signaling overbought conditions, though the potential for selling…

0G Foundation, a decentralized artificial intelligence (AI) technology platform, is getting ready to launch its node sale on November 11, 2024, according to the reports sent to Finbold on Tuesday, October 22. The node sale is envisioned as an important step in advancing the first decentralized AI Operating System designed for fully on-chain applications. 0G Foundation node sale The upcoming 0G Foundation node sale will allow the community to purchase nodes and become part of the decentralized AI operating system. With 32 node tiers and a starting price of 0.05 Ethereum (ETH) per node, the sale allows participants of all…

Bitcoin has been in a consolidation phase since its renewed peak above $73,000 in March. However, many experts in the crypto space are eyeing potential signs of a breakout that could lead to a new all-time high (ATH). A renowned crypto analyst, Mags, for instance, recently shared his insights on Bitcoin’s outlook, noting patterns that have emerged in the past and how they might affect the crypto asset’s future. Bullish Signals In Bitcoin Consolidation According to Mags, Bitcoin’s current price action mirrors its behavior during last year’s consolidation period. He emphasized the importance of the Moving Average Convergence Divergence (MACD)…

For the first time since September 27, Ethereum has surged past the $2,700 mark and is showing strong signs of maintaining its upward momentum. About ten days ago, ETH dropped below $2,400, sparking speculation that the cryptocurrency might struggle to break out again. However, over the past seven days, ETH has surpassed key resistance levels. In this on-chain analysis, BeInCrypto reveals how this upward momentum could drive the price even higher. Ethereum Sees Reduced Selling Pressure One indicator fueling this prediction is the Ethereum Exchange Netflow, which shows the amount of coins flowing in and out of exchanges. According to…

D3 Global, a web3 domain name company, has launched top-level domain names for the ApeCoin community. An announcement the firm published on Oct. 22 noted that the ApeCoin (APE) ecosystem can now use the .APE top-level domain names on the newly launched layer-2 solution ApeChain. The Ape Names initiative is the first step in the quest to bring an interoperable name service to the crypto project’s users. Read more: APE surges 50% as investors react to ApeChain launch, major liquidation looms ahead Community approved .APE domain names proposal D3’s launch of the .APE domain names stems from a proposal on…

Bitcoin (BTC) gained value on Tuesday as the cryptocurrency market continued to recover from last week’s sharp sell-off. The BTC price is up 1.7% in the past 24 hours, approaching $58,000 at the end of the US trading session and is nearly 10% higher than last Friday’s low. While digital assets are unlikely to be mentioned in the US presidential debate between Donald Trump and Kamala Harris, the two parties’ contrasting policies towards cryptocurrencies could influence market sentiment and have potential impacts on prices as the election approaches. Aurelie Barthere, chief research analyst at Nansen, said the ongoing uncertainty surrounding…